Insolation Energy IPO Review
Insolation Energy IPO Overview
Insolation Energy Ltd, founded in 2015, is a manufacturer of high-efficiency solar panels and modules in a variety of sizes. The company’s 200 MW (Rated Installed Capacity) SPV Module manufacturing factory is located in Jaipur and is equipped with cutting-edge technology.
The following are the business areas:
i. production of solar PV modules; and
ii. trade of solar power conditioning units (PCU) and lead acid batteries
In addition to manufacturing solar PV modules, the company sells Solar Power Conditioning Units (PCUs), which use solar energy and grid power to charge batteries, and tall tabular Lead Acid Batteries, which are utilized to store energy generated by solar panels. Our company is also an integrated solar energy solutions provider, providing engineering, procurement, and construction (“EPC”) services to our customers.
Through an extensive distributor network of more than 30 distributors, Insolation Energy Ltd has successfully created a geographically diverse presence in India.
Insolation Energy IPO Details
Insolation Energy IPO Date | Sep 26, 2022 to Sep 29, 2022 |
Insolation Energy IPO Face Value | ₹10 per share |
Insolation Energy IPO Price | ₹36 to ₹38 per share |
Insolation Energy IPO Lot Size | 3000 Shares |
Issue Size | 5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
Company Promoters | Mr. Manish Gupta and Mr. Vikas Jain are the company promoters. |
Insolation Energy IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 2642.44 | 8879.37 |
31-Mar-21 | 5045.04 | 16272.92 |
31-Mar-22 | 6668.03 | 21539.13 |
Amount in ₹ Lakhs | ||
Period Ended | Profit After Tax | Reserves and Surplus |
31-Mar-20 | 309.25 | 580.05 |
31-Mar-21 | 689.72 | 1269.77 |
31-Mar-22 | 692.2 | 711.97 |
Amount in ₹ Lakhs | ||
Insolation Energy IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | 2.06 | 4.60 | 4.62 |
RONW (%) | 37.26 | 45.38 | 31.33 |
NAV | – | – | 14.75 |
Debt/Equity ratio | – | 2.32 | 2.14 |
ROCE (%) | – | 53.45 | 42.36 |
Listing Performance of Insolation Energy IPO
Listed On : BSE SME
Issue Price : ₹36 to ₹38 per share
Listing Day Close :
Listing Day Gain :
Insolation Energy IPO ISIN Number Code
NSE : NA
ISIN CODE : NA
BSE : NA
Insolation Energy IPO Allotment Status
Insolation Energy IPO Important Dates
Insolation Energy IPO Opening Date | Sep 26, 2022 |
Insolation Energy IPO Closing Date | Sep 29, 2022 |
Basis of Allotment | Oct 4, 2022 |
Initiation of Refunds | Oct 6, 2022 |
Credit of Shares to Demat | Oct 7, 2022 |
Insolation Energy IPO Listing Date | Oct 10, 2022 |
Insolation Energy IPO Contact Details
G-25, City Centre,
Sansarchand Road,
Near MI Road, Jaipur, Rajasthan
Phone: +91– 9116122139
Email: cs@insolationenergy.in
Website: https://insolationenergy.in/
Insolation Energy IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@holaniconsultants.co.in
Website: http://www.bigshareonline.com
Insolation Energy IPO Subscription Details
Updated Soon.
Insolation Energy IPO FAQ's
The Insolation Energy Limited IPO is a BSE SME IPO of ₹36 to ₹38 per share with a face value of 10 per equity share.
The issue size is priced at 5,832,000 shares of ₹10 (aggregating up to ₹22.16 Cr).
The initial public offering (IPO) begins on Sep 26, 2022 and ends on Sep 29, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Insolation Energy Limited IPO opens on Sep 26, 2022 and closes on Sep 29, 2022.
Insolation Energy Limited IPO Market lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
The finalisation of Basis of Allotment for Insolation Energy Limited IPO will be done on Oct 4, 2022. and the allotted shares will be credited to your demat account by Oct 7, 2022. Check the Insolation Energy Limited IPO status.
The Insolation Energy Limited IPO listing date is on Oct 10, 2022.
Insolation Energy Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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